CLO Markets

All Update archive

  • CLO Markets US Deal Alert - 5 December 2023, 19.25 UK time

    Deerpath Capital CLO 2023-2, a US middle market cash flow CLO managed by Deerpath Capital Management, priced on Monday (4 December).GreensLedge Capital Markets was the placement agent whilst Natwest ......

    5 December 2023

  • CLO Markets EU Deal Alert - 5 December 2023, 14.10 UK time

    A status update is circulating for the reset of OCP Euro CLO 2022-6, a European CLO managed by Onex.Pricing is targeted for early next week via BNP Paribas, according to ......

    5 December 2023

  • CLO Markets Daily - 4 December 2023

    *CLO Manager Corner: Redding Ridge Asset Management*EU new issues: Cairn CLO XVI priced*US MM CLOs: Maranon Loan Funding 2023-2 priced*Janus Henderson’s JAAA CLO ETF tops $5bn*Barclays fore ............

    4 December 2023

  • CLO Markets EU Deal Alert - 4 December 2023, 17.35 UK time

    Pricing details are available for Cairn CLO XVI, a European CLO managed by Cairn Loan Investments II (Polus). The transaction priced on Friday (1 December) via Barclays.The portfolio was ......

    4 December 2023

  • The case for Private Credit CLOs

    The cleaner nature of loans securitised in private Credit CLOs, stronger lender protections and higher par subordinations are some of the attractive attributes of investing in private credit  ............

    4 December 2023

  • Light BSL CLO supply expected in 2024

    Barclays analysts expect 2024 to unveil a scenario of measured CLO supply, marked by a consistent inclination towards higher-rated tranches.This trend is underpinned by an evolving investor base, sig ............

    4 December 2023

  • CLO Manager Corner - Redding Ridge Asset Management

    Redding Ridge Asset Management says it only does deals with a “credit first mentality” with its mantra being credit first and structure second.Following the announcement of Reddin ............

    4 December 2023

  • CLO Markets Daily - 1 December 2023

    *Busiest week of the year in EU secondary market*EU resets: Anchorage 6 priced; OCP Euro CLO 2022-6 marketed*Harvest CLO VII's class F-R downgraded by Fitch to B- from B THE ......

    1 December 2023

  • CLO Markets EU Deal Alert – 1 December 2023, 18.05 UK time

    The reset of Anchorage Capital Europe CLO 6, managed by Anchorage CLO ECM, has priced via Jefferies.The triple-Bs priced at +500bp, inside initial guidance. The tranche, sized at €2 ............

    1 December 2023

  • CLO Markets EU Deal Alert – 1 December 2023, 15.55 UK time

    BNP Paribas is marketing the reset of OCP Euro CLO 2022-6, a European CLO managed by Onex Credit Partners.As part of the reset, the CLO becomes a reinvesting vehicle and ......

    1 December 2023

  • CLO Markets Daily - 30 November 2023

    *EU new issues: Cairn CLO XVI to price tomorrow*US resets: SYMP 2022-37 update; KKR CLO43 under guidance*Print-and-sprint opportunities could be attractive at certain points in time, says CC ............

    30 November 2023

  • Sprint-and-print deals eyed in 2024

    CLO opportunities remain compelling as they continue to benefit from elevated base rates and attractive pricing in the secondary market, but primary CLO equity – and specifically print-and- ............

    30 November 2023

  • CLO Markets EU Deal Alert - 30 November 2023, 19.25 UK time

    A status update is circulating for Cairn CLO XVI, a European CLO managed by Cairn Loan Investments II (Polus).Some tests (A/BBB/BB) are being conducted by Barclays ahead of pricing, now ......

    30 November 2023

  • EU CLO docs may get less borrower friendly, but US loan docs may get worse

    Competition from the private credit market and increasing investor demand will eventually result in increasingly borrower friendly terms for some new loans in the US, reversing some of the improvemen ......

    30 November 2023

  • CLO Markets US Deal Alert - 30 November 2023, 17.55 UK time

    Deutsche Bank is marketing the reset of KKR CLO 43, a US BSL CLO managed by KKR. The roll deadline is tomorrow evening (EoD 1 December).The transaction originally priced in ......

    30 November 2023

  • CLO Markets US Deal Alert - 30 November 2023, 16.50 UK time

    The reset of Symphony CLO 37 is expected to go subject today or tomorrow, with pricing slated for next week via BofA, according to investors.The transaction, managed by Nuveen (Symphony ......

    30 November 2023

  • CLO Markets Daily - 29 November 2023

    *US new issues: Price talk circulating for Benefit Street Partners CLO XXXIII (EU RR)*US resets: Generate CLO 3 marketed*US MM CLOs: Antares CLO 2023-2, ABPCI Direct Lending Fund CLO XVI ......

    29 November 2023

  • CLO Markets US Deal Alert - 29 November 2023, 19.30 UK time

    Morgan Stanley is marketing Benefit Street Partners CLO XXXIII, a US BSL CLO managed by BSP CLO Management.The transaction is structured as intended to comply with EU Risk Retention rules.The ......

    29 November 2023

  • CLO Markets US Deal Alert - 29 November 2023, 18.55 UK time

    Citi is marketing the reset of Generate CLO 3, a US BSL CLO managed by Generate Advisors, according to investors.Generate CLO 3 originally priced in June 2016 and was refinanced ......

    29 November 2023

  • CLO Markets US Deal Alert - 29 November 2023, 21.30 UK time

    The refinancing notes of MidOcean Credit CLO XI Ltd, a US BSL CLO managed by MidOcean Credit, have priced via Mizuho. The deal originally priced in October 2022.The deal is ......

    29 November 2023

  • CLO Markets Daily - 28 November 2023

    *EU resets: Anchorage 6 guidance widened*US resets: Sixth Street CLO XVI under guidance*Irridiant closes ICLOP III, a captive CLO equity fund and vehicle for investment in CLOs managed by third-parti ......

    28 November 2023
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